Einhorn's Greenlight discloses stake in chipmaker Micron

SAN FRANCISCO, Nov 25 (Reuters) - David Einhorn's hedge fundGreenlight Capital reported a stake of about 23.02 millionshares in U.S. memory chipmaker Micron Technology,according to a filing on Monday.

The disclosure of the stake, equivalent to about 2 percentof Micron, comes after Einhorn said last week he had invested inthe chipmaker because it stands to benefit from industryconsolidation.

Einhorn made the comments, which contributed to a rally inMicron's shares, in an interview aired on CNBC after speaking atan investor conference in New York City that was closed to themedia.

At the end of July, Micron, based in Boise, Idaho, completedits acquisition of failed Japanese memory chipmaker Elpida in amove to create economies of scale and better challenge memorychip leader Samsung Electronics.

After a deep memory chip price slump last year that led somechipmakers to throttle back production, prices for DRAM and NANDchips made by Micron, Samsung Electronics and SK Hynix have increased this year.